Industrial Automation and Equipment Market Research

Industrial Automation and Equipment Market Research

  • Submitted By: Sagar-Kale
  • Date Submitted: 01/16/2015 4:46 AM
  • Category: Business
  • Words: 285
  • Page: 2
  • Views: 1

Accuracy and reliability are crucial for success in the industrial automation and equipment sector. Players in this industry need to develop long-term plans to optimise industrial operations, while complying with sustainability mandates. FMI's analysts evaluate and advise on business and technology issues to provide accurate, timely and insightful research. This empowers companies to deliver quality products that drive consumer experience and revenue. FMI’s fact-based approach delivers superior solutions which balance the client’s short-term needs with long-term goals.

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Distributed Control System (DCS)

A distributed control system (DCS) in industrial automation and safety systems helps to control individual component structures without affecting the whole network. Currently, the downstream market of oil and gas is expected to support the growth of refineries and distributed plants, which will drive the DCS market. Other factors, such as the emergence of open source DCS solutions centered on modern technologies and migration strategies of customers, will further drive the market.

Supervisory Control and Data Acquisition (SCADA)

Supervisory Control and Data Acquisition (SCADA) is a software application that streamlines process and equipment control by collating data in real-time. SCADA systems are much sought-after in a myriad of industries ranging from oil and gas to telecommunications to transport to warehousing to utilities. The SCADA market has assumed great importance because industries are investing in IT and telecom systems to ameliorate processes.

Manufacturing Execution System (MES)

A manufacturing execution system (MES) helps manage manufacturing and production operations in industries. The global MES market has transformed the traditional manufacturing unit into a modern service center. This improved process capability brought about by MES has...

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